Evolving stakeholder expectations, disclosures, and loan requirements can place greater pressure on public and private organizations to enhance the formality of processes and controls.

Achieve regulatory and compliance goals, save money, reduce burden on your teams, and uncover cost consolidation opportunities while increasing overall value. with guidance from our risk advisory professionals.

Reinforce your organization’s operational infrastructure and give your stakeholders peace of mind by enhancing processes and internal controls.

Achieve Goals Through a Comprehensive Assessment

Conducting holistic assessments of your operations with an aim of prevention and detection can help you:

• Inventory organizational risks
• Reduce complexities
• Streamline processes
• Boost efficiencies
• Formalize policy and procedures

Strengthening internal controls involves assessing three, connected key factors:

• People. Verify teams understand their roles and responsibilities to effectively perform their duties.
• Processes. Develop or solidify defined, repeatable, and clear processes that support efficiency.
• Systems. Leverage strategic systems to support needs, adapting automation where possible.

By evaluating these components to enhance operational efficiencies, our professionals can help:

• Assess your environment
• Identify improvement opportunities
• Create a remediation plan
• Help you execute changes
• Test and report solutions

Process and internal controls assessments can benefit organizations in any industry, of any size, and in a wide range of business areas.

Where We Add Value

Internal Controls Assessment

An internal controls assessment delivers objective verification that your internal controls are designed and operating effectively so you won’t be exposed to unidentified risks.

An overall assessment of your internal controls can keep you moving forward. Improve your bottom-line results as you address risks and avoid common pitfalls that could derail your organization’s goals.

Fraud Investigation

Fraud, theft, and other improprieties can result in significant harm and expense.

Our team can investigate suspected fraud, abnormalities, and irregularities to identify underlying causes, determine if events are isolated or could lead to increased incidents, and prevent future vulnerability.

Additionally, we can provide witness testimony should you be exposed to an incident.

Data Analysis

Fraud risks are increasingly data related which requires specialized data analytic capabilities to detect and prevent.

Uncover potentially fraudulent behavior with our professionals leveraging custom- and industry-leading analytical tools, including ACL software that analyzes and cross-references large amounts of data from disparate sources or systems.

Policies and Procedures Development

Written policies and procedures often play crucial role in contract disputes, compliance audits, internal controls implementation, and other scenarios. These set the tone and drive process consistency for the organization.

Develop policies and procedures that follow industry practices, improve efficiency, help prevent fraud, and comply with a wide range of regulatory requirements in business areas such as:

• Budget and expenditure management
• Revenue recognition
• Billing procedures and revenue recognition
• Treasury cash handling
• Contract management
• Lines of authority and approval requirements
• Procurement and payables

Comprehensive Experience

Deeply immersed in more than 30 industries, our team of professionals provide solutions specific to the nuances, challenges, and operations of the sector in which you work—while collaborating closely to customize plans to meet your unique needs.

Our one-firm approach allows your organization to tap into the full resources of our firm, integrating guidance and solutions related to other integral support areas including finance, tax, and other risk and IT services.

We don’t simply provide templates or toolkits; we proactively determine appropriate solutions that help build foundations for long-term success—so you’re prepared to embrace and stay ahead of change.